EXCEPTIONAL NORTHUMBRIAN NEWSAGENCY - FIRST SALE SINCE 1935

Price:

Freehold - £495,000

Turnover:

Seller Ref:

T26951NE

Location:

Northumberland

Business Type:

Retail businesses

See Other:

Newsagents for sale in Northumberland
General stores for sale in Northumberland
Convenience stores for sale in Northumberland
Retail businesses for sale in Northumberland

Description:

THE BUSINESS:

Very long established business in exceptional location in high quality tourist town. Very attractive freehold property. detached position. Around 1.250 sq. ft. sales showing around £15.000 per week. Extensive garden area. ideal for family or scope to extend into a full blown convenience store if required.

Lottery held. All sales currently achieved without any convenience retailing whatsoever. Smart good quality shop with extensive card gallery. very profitable product mix. Newsbill in excess of £3.000 per week. This is a real tourist location with a good captive trade and no serious multiple competition. Plenty of parking in surrounding area. Currently 5 bedroom high quality owners accommodation. Net Profit around £90.000 after large wage bill.

THIS IS A SUPERB BUSINESS for either a multiple or a private buyer looking for a very high profit level together with exceptional quality accommodation. THIS BUSINESS IS SENSIBLY PRICED AND EARLY VIEWING WILL RESULT IN A DEAL! Matrimonial reasons force sale.

VIEWING IS ESSENTIAL. Freehold £495.000 + S.A.V.

Trading Hours:

Monday to Saturday 6 am to 6 pm except Wednesday and Saturday closing 7.30 pm. Sunday 6 am to 5 pm

Accommodation:

Yes